Oil prices go negative in the US – how and why?

5 years ago

Since the outbreak of the coronavirus in January this year, there have been numerous economic events which have been simply…

Unemployment claims in the US have risen to 22 million

5 years ago

Since the US economy was essentially shutdown four weeks ago, the economic fallout has been tremendous and devastating. With businesses…

China’s economy has reduced in size for the first time in decades

5 years ago

China’s unbelievable economic growth streak of over forty years has finally come to an end today, with the world’s second…

Could the coronavirus lead to a widespread adoption of universal basic income?

5 years ago

The economic impact of the coronavirus is unprecedented and far-reaching. People all over the world have been affected in some…

The extent of the global corona-crisis: world economy set to shrink by 3% in 2020

5 years ago

According to the IMF, the world economy is predicted to experience negative economic growth of -3% this year. This projection…

Global oil production to drop by 10% as OPEC agrees on an historic deal

5 years ago

The market for oil could be set to rebound following the announcement from OPEC that a deal had been reached…

Coronavirus plunges the French economy into recession

5 years ago

The economic fallout from the spread of the deadly coronavirus around the world has been unprecedented. In this age of…

Loo roll over Louis Vuitton: luxury brands amongst the hardest hit by Covid-19

5 years ago

The global fashion industry, valued at over US$2 trillion, has been hit extremely hard by the worldwide spread of Covid-19,…

Ramen: the inferior good behaving like an… inferior good!

5 years ago

For a student of economics, one of the first concepts we learn about is the different types of goods. That…

Petrol prices plummeting towards £1 per litre as the price war for oil continues and drivers stay off the roads

5 years ago

The cost of petrol in the UK is nearing £1 for the first time in four years. This is the…